The Cheesecake Factory Stock Market Value
CAKE Stock | USD 36.15 0.22 0.60% |
Symbol | Cheesecake |
The Cheesecake Factory Price To Book Ratio
Is Cheesecake Factory's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Cheesecake Factory. If investors know Cheesecake will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Cheesecake Factory listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.74 | Dividend Share 1.08 | Earnings Share 2.07 | Revenue Per Share 71.176 | Quarterly Revenue Growth (0.02) |
The market value of The Cheesecake Factory is measured differently than its book value, which is the value of Cheesecake that is recorded on the company's balance sheet. Investors also form their own opinion of Cheesecake Factory's value that differs from its market value or its book value, called intrinsic value, which is Cheesecake Factory's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Cheesecake Factory's market value can be influenced by many factors that don't directly affect Cheesecake Factory's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Cheesecake Factory's value and its price as these two are different measures arrived at by different means. Investors typically determine if Cheesecake Factory is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cheesecake Factory's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Cheesecake Factory 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Cheesecake Factory's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Cheesecake Factory.
02/27/2024 |
| 03/28/2024 |
If you would invest 0.00 in Cheesecake Factory on February 27, 2024 and sell it all today you would earn a total of 0.00 from holding The Cheesecake Factory or generate 0.0% return on investment in Cheesecake Factory over 30 days. Cheesecake Factory is related to or competes with Hyatt Hotels, Wyndham Hotels, and WW International. It operates two bakeries that produces cheesecakes and other baked products for its restaurants, international licensees... More
Cheesecake Factory Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Cheesecake Factory's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess The Cheesecake Factory upside and downside potential and time the market with a certain degree of confidence.
Downside Deviation | 1.67 | |||
Information Ratio | (0.04) | |||
Maximum Drawdown | 7.64 | |||
Value At Risk | (3.36) | |||
Potential Upside | 3.99 |
Cheesecake Factory Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Cheesecake Factory's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Cheesecake Factory's standard deviation. In reality, there are many statistical measures that can use Cheesecake Factory historical prices to predict the future Cheesecake Factory's volatility.Risk Adjusted Performance | 0.0262 | |||
Jensen Alpha | (0.19) | |||
Total Risk Alpha | (0.38) | |||
Sortino Ratio | (0.04) | |||
Treynor Ratio | 0.0288 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Cheesecake Factory's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
The Cheesecake Factory Backtested Returns
We consider Cheesecake Factory very steady. The Cheesecake Factory secures Sharpe Ratio (or Efficiency) of 0.0476, which signifies that the company had a 0.0476% return per unit of standard deviation over the last 3 months. We have found twenty-eight technical indicators for The Cheesecake Factory, which you can use to evaluate the volatility of the firm. Please confirm Cheesecake Factory's Mean Deviation of 1.43, risk adjusted performance of 0.0262, and Semi Deviation of 1.57 to double-check if the risk estimate we provide is consistent with the expected return of 0.0943%. Cheesecake Factory has a performance score of 3 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 1.96, which signifies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Cheesecake Factory will likely underperform. The Cheesecake Factory right now shows a risk of 1.98%. Please confirm The Cheesecake Factory treynor ratio, expected short fall, and the relationship between the jensen alpha and potential upside , to decide if The Cheesecake Factory will be following its price patterns.
Auto-correlation | -0.58 |
Good reverse predictability
The Cheesecake Factory has good reverse predictability. Overlapping area represents the amount of predictability between Cheesecake Factory time series from 27th of February 2024 to 13th of March 2024 and 13th of March 2024 to 28th of March 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of The Cheesecake Factory price movement. The serial correlation of -0.58 indicates that roughly 58.0% of current Cheesecake Factory price fluctuation can be explain by its past prices.
Correlation Coefficient | -0.58 | |
Spearman Rank Test | -0.02 | |
Residual Average | 0.0 | |
Price Variance | 0.54 |
The Cheesecake Factory lagged returns against current returns
Autocorrelation, which is Cheesecake Factory stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Cheesecake Factory's stock expected returns. We can calculate the autocorrelation of Cheesecake Factory returns to help us make a trade decision. For example, suppose you find that Cheesecake Factory has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
Timeline |
Cheesecake Factory regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Cheesecake Factory stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Cheesecake Factory stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Cheesecake Factory stock over time.
Current vs Lagged Prices |
Timeline |
Cheesecake Factory Lagged Returns
When evaluating Cheesecake Factory's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Cheesecake Factory stock have on its future price. Cheesecake Factory autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Cheesecake Factory autocorrelation shows the relationship between Cheesecake Factory stock current value and its past values and can show if there is a momentum factor associated with investing in The Cheesecake Factory.
Regressed Prices |
Timeline |
Cheesecake Factory Investors Sentiment
The influence of Cheesecake Factory's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Cheesecake. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Cheesecake Factory's public news can be used to forecast risks associated with an investment in Cheesecake. The trend in average sentiment can be used to explain how an investor holding Cheesecake can time the market purely based on public headlines and social activities around The Cheesecake Factory. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Cheesecake Factory's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Cheesecake Factory's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Cheesecake Factory's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Cheesecake Factory.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Cheesecake Factory in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Cheesecake Factory's short interest history, or implied volatility extrapolated from Cheesecake Factory options trading.
Pair Trading with Cheesecake Factory
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Cheesecake Factory position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Cheesecake Factory will appreciate offsetting losses from the drop in the long position's value.Moving together with Cheesecake Stock
0.64 | BH | Biglari Holdings | PairCorr |
0.66 | CDROW | Codere Online Luxembourg | PairCorr |
0.69 | NGMS | NeogamesSA Financial Report 8th of May 2024 | PairCorr |
0.64 | WING | Wingstop Financial Report 1st of May 2024 | PairCorr |
Moving against Cheesecake Stock
0.61 | PLNT | Planet Fitness Financial Report 2nd of May 2024 | PairCorr |
The ability to find closely correlated positions to Cheesecake Factory could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Cheesecake Factory when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Cheesecake Factory - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling The Cheesecake Factory to buy it.
The correlation of Cheesecake Factory is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Cheesecake Factory moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if The Cheesecake Factory moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Cheesecake Factory can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Cheesecake Factory Correlation, Cheesecake Factory Volatility and Cheesecake Factory Alpha and Beta module to complement your research on Cheesecake Factory. You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.
Complementary Tools for Cheesecake Stock analysis
When running Cheesecake Factory's price analysis, check to measure Cheesecake Factory's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Cheesecake Factory is operating at the current time. Most of Cheesecake Factory's value examination focuses on studying past and present price action to predict the probability of Cheesecake Factory's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cheesecake Factory's price. Additionally, you may evaluate how the addition of Cheesecake Factory to your portfolios can decrease your overall portfolio volatility.
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Cheesecake Factory technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.